Hasti Bank Pune Pune Maharashtra MICR CODE

Find MICR Codes for Hasti Bank Pune Pune Maharashtra

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MICR Code
Bank The Hasti Co-operative Bank Ltd.
Business Hours
Mode Of Payment Cash,Cheque,Demand Draft and Net banking
Branch The Hasti Co Op Bank Ltd
Contact 744743780
Bank Details The Hasti Co-operative Bank Ltd. The Hasti Co Op Bank Ltd HCBL0000122
Location Pune, Pune
City Pune
District Pune
State Maharashtra
Pincode 411038
Country IN
Address The hasti co-op bank ltd paud phata kotharud pune -411038
Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 0 for The Hasti Co Op Bank Ltd branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 0 of Hasti Co Op Bank, The Hasti Co Op Bank Ltd branch makes the system almost error free and faster. Use of Hasti Co Op Bank MICR codes for The Hasti Co Op Bank Ltd branch, makes the characters readable even if there are other marks and stamps on it.

A total of 1 branches of The Hasti Co-operative Bank Ltd. are available with micr code -

>>The Hasti Co Op Bank Ltd

MICR code for Hasti Bank The Hasti Co Op Bank Ltd

Hasti Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Hasti Co Op Bank MICR code for The Hasti Co Op Bank Ltd is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 0 is the MICR code of Hasti Bank for The Hasti Co Op Bank Ltd branch. MICR code for The Hasti Co Op Bank Ltd branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Hasti Co Op Bank The Hasti Co Op Bank Ltd is presented in the table alongside.

Use of Hasti Co Op Bank MICR code for The Hasti Co Op Bank Ltd branch in pune

The MICR code 0 is used in RBI cheque clearing process to identify the branch The Hasti Co Op Bank Ltd and Hasti Co Op Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Hasti Bank is typically in either of these two font’s: E-138 and CMC-7.

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